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Strike Energy (ASX:STX) Forward Dividend Yield % : 0.00% (As of May. 25, 2024)


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What is Strike Energy Forward Dividend Yield %?

As of today (2024-05-25), the Forward Annual Dividend Yield of Strike Energy is 0.00%.

As of today (2024-05-25), the Trailing Annual Dividend Yield of Strike Energy is 0.00%.

ASX:STX's Forward Dividend Yield % is not ranked *
in the Oil & Gas industry.
Industry Median: 4.345
* Ranked among companies with meaningful Forward Dividend Yield % only.

Strike Energy's Dividends per Share for the six months ended in Dec. 2023 was A$0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Strike Energy's Forward Dividend Yield %

For the Oil & Gas E&P subindustry, Strike Energy's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Strike Energy's Forward Dividend Yield % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strike Energy's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Strike Energy's Forward Dividend Yield % falls into.



Strike Energy Forward Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.


Strike Energy  (ASX:STX) Forward Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Strike Energy Forward Dividend Yield % Related Terms

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Strike Energy (ASX:STX) Business Description

Industry
Traded in Other Exchanges
Address
40 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Strike is operator across all 3,000 square kilometers of its Perth Basin acreage and has grown its net gas reserve and resource position to become the largest in the basin at 1,022 PJ. It has also achieved first production from its Walyering gas field. Walyering's intended 33 terajoules/d of gross production will generate material cash flows albeit to short five years life. The cash will regardless be useful for the undertaking additional projects with Strike targeting up to four gas fields being online by the end of 2026. In addition to Walyering, these include South Erregulla, West Erregulla and Ocean Hill. The more ambitious Project Haber, Strike's proposed multibillion dollar 1.4 million metric tons per year urea manufacturing facility, is now on the backburner.